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Interim Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net sales:    
Net sales $ 210,971 $ 207,798
Cost of sales 160,694 162,261
Gross profit 50,277 45,537
Selling, general and administrative expenses 33,988 33,409
Income from operations 16,289 12,128
Interest expense (1,406) (1,623)
Interest income 62 52
Other (expense) income, net (622) 860
Income before income taxes 14,323 11,417
Provision for income taxes 5,664 4,058
Net Income $ 8,659 $ 7,359
Net income per common share:    
Basic (in dollars per share) $ 0.76 $ 0.65
Diluted (in dollars per share) $ 0.75 $ 0.64
Average common shares:    
Basic (in shares) 11,389 11,280
Diluted (in shares) 11,507 11,436
Dividends declared (in dollars per share) $ 0.09000 $ 0.08000
Industrial    
Net sales:    
Net sales $ 123,278 $ 116,912
Income from operations 11,527 9,337
Agricultural    
Net sales:    
Net sales 48,662 48,457
Income from operations 2,759 792
European    
Net sales:    
Net sales 39,031 42,429
Income from operations $ 2,003 $ 1,999